If you run a limited company, your tax bill is shaped by a dozen moving parts: the rate your profits are charged at, the relief you get on what you invest, how you recover VAT, and what happens when you eventually sell. This guide gathers our plain-English explainers on each, written for owner-managers rather than tax specialists and kept current as the rules change.
Most small companies are well served on compliance and under-served on strategy. The accounts get filed correctly, but the decisions that actually move the tax bill — when to invest, how to structure a purchase, whether a relief applies — are made in the months in between, when nobody is looking. The articles below are built around those decisions, not the year-end scramble.
Corporation tax and marginal relief, the allowances on plant, equipment and research, the VAT schemes that quietly leak money, the cost of taking people on, and the reliefs available when you come to sell. Each links to a focused explainer with the current figures and a worked example.
Since 1 April 2023 UK corporation tax has run on a two-rate system bridged by marginal relief.
Read the full article →Tax Strategy · 6 min readFull expensing lets companies deduct the full cost of qualifying new plant and machinery from taxable profits in the year of purchase, and it is now a…
Read the full article →Tax Strategy · 7 min readFor accounting periods beginning on or after 1 April 2024 the separate SME and RDEC schemes are gone, replaced by a single merged expenditure credit and a…
Read the full article →VAT · 6 min readThe VAT Flat Rate Scheme lets a small business pay a fixed percentage of its VAT-inclusive turnover instead of tracking input and output VAT line by line…
Read the full article →VAT · 7 min readVAT is the tax where the most money falls through the cracks.
Read the full article →Tax Strategy · 7 min readEnterprise Management Incentive (EMI) options remain the most tax-efficient way for a growth-stage UK trading company to give key employees equity…
Read the full article →Tax Strategy · 7 min readBusiness Asset Disposal Relief still reduces the capital gains tax you pay when selling a trading business, but the rate has climbed from 10% to 14% and…
Read the full article →Compliance · 6 min readSI 2024/1298 raised the UK audit threshold by approximately 50%. Around 14,000 companies will lose mandatory audit.
Read the full article →Tax Strategy · 6 min readFrom 6 April 2025 the employer secondary Class 1 National Insurance rate rose to 15% and the point at which it begins fell to £5,000, while the Employment…
Read the full article →Expenses · 6 min readHMRC allows generous deductions for business travel.
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